Hot inflation data puts Fed in complicated spot
- Inflation data for September indicates price pressures are still weighing on the economy, putting Federal Reserve officials in a tricky position ahead of their decision on interest rates later this month.
- Annual inflation was 3.7 percent last month, as measured by the consumer price index (CPI), an increase from 3.4 percent in August and the...
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- Inflation data for September indicates price pressures are still weighing on the economy, putting Federal Reserve officials in a tricky position ahead of their decision on interest rates later this month.
- Annual inflation was 3.7 percent last month, as measured by the consumer price index (CPI), an increase from 3.4 percent in August and the...
Sources: The Hill